Please answer to the following questions:
1. What should be the maximum period for qualifying Double Top or Double Bottom? Minimum is 1 month. Can maximum be more than 1 month and below 1 year?
2. Cane one candle is Bearish and the second one is Bullish?
Hi,
1. What should be the maximum period for qualifying Double Top or Double Bottom? Minimum is 1 month. Can maximum be more than 1 month and below 1 year?
The duration of time period between the two bottoms or double top may vary from a few weeks to many months(generally about 1-3 months).
2. Cane one candle is Bearish and the second one is Bullish?
Sorry i don’t understand your question